Problema Solution
The cost for production of a generator and the revenue from the sales of x units are given by C=13.1x+140, R=51.2x-0.3x^2. Find the break-even points, rounding to the nearest whole number.
Answer provided by our tutors
The break-even point is the point at which cost and revenue are equal:
C = R
13.1x+140 = 51.2x-0.3x^2
........
click here to see the equation solved for x
........
x1 = 123
x2 = 4
There are two break-even points: 123 and 4.